EUROPE ALLOY STEEL SCRAP: Prices largely unchanged on flat nickel

December 21, 2019 / www.metalbulletin.com / Article Link

The prices of austenitic grades of stainless steel scrap were largely unchanged this week - participants noted that any increase in the cost of nickel will be balanced out by the stronger pound against the dollar, they told Fastmarkets on Friday December 20.

Fastmarkets' assessment of the stainless steel scrap 316 solids, domestic, delivered merchants UK price was ?1,120-1,180 ($1,463-1,541) per tonne on Friday, unchanged week on...

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